Investor Special! This charming 3-bedroom, 1-bath home offers approximately 1,300 sq ft of living space on a spacious quarter-acre lot. With strong rental potential and a competitive price point, this property is perfect for investors looking to grow their portfolio.
Oakshire, located between Poplar Avenue and Walnut Grove Road, is a residential and suburban Memphis neighborhood with curving, tree-lined streets and mid-century ranch homes. The neighborhood’s energy concentrates around the Poplar Avenue corridor near Perkins Road, where local eateries, small storefronts, and steady traffic set a practical, lived-in rhythm. Nearby pillars such as Crosstown Concourse, the Memphis Brooks Museum of Art, and the Overton Park Shell help shape the area’s cultural calendar beyond the blocks of homes. Lots tend to be generous, with mature canopy trees and long driveways that soften the streetscape. Daily routines often orbit grocery runs, coffee stops, and park time rather than nightlife. The geography reads as classic East Memphis: calm interior streets framed by major arterials.
Provided by Walk Score and Local Logic
Offer insights
5449 Millbranch St · $150,000
$150K and above
75% chance or better to win
Why $150K+ is a strong offer
DAYS ON MARKET
323 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Six total rooms
Single-story layout
Floors/ceilings: Other (see remarks)
Living/Dining/Kitchen: Other (see remarks)
Additional bedroom/bath info: Other (see remarks)
Bedrooms
Three bedrooms (all on the lower/main level)
Bathrooms
One full bathroom
Heating & cooling
Heating: Other (see remarks)
Cooling: Other (see remarks)
Exterior features
Some trees on the lot
Miscellaneous exterior: Other (see remarks)
No pool
Home design
Detached single-family home
Style: Other (see remarks)
Built in 1958
Parking
One covered parking space
Driveway/pad parking
Construction
Existing property
Utilities
Heating: Other (see remarks)
Cooling: Other (see remarks)
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10207724
Oct 14, 2025
Listed
$150,000
Memphis Area Association of Realtors(R) MLS #1
Jul 13, 2023
Price Changed
$155,000
Memphis Area Association of Realtors(R) MLS #10109034
Dec 14, 2021
Sold
$118,000
Nov 18, 2021
Price Changed
$125,000
Sep 18, 2021
Listed
$130,000
Public Records
May 11, 2012
Sold
$65,500
Memphis Area Association of Realtors(R) MLS #3243222
Apr 18, 2012
Sold
$25,000
Mar 21, 2012
Listed
$40,000
Public Records
Sep 26, 1989
Sold
$50,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,627 (+27.9%)
$4,000 + $26,875
$30,875
2024
$1,273 (+8.1%)
$4,000 + $26,875
$30,875
2023
$1,177
$3,000 + $16,325
$19,325
2022
$1,177 (−1.2%)
$3,000 + $16,325
$19,325
2021
$1,191 (+32.8%)
$3,000 + $16,325
$19,325
2020
$897
$3,000 + $16,325
$19,325
2019
$897
$3,000 + $9,375
$12,375
2018
$897 (+76.3%)
$3,000 + $9,375
$12,375
2017
$509 (−9.3%)
$3,000 + $9,375
$12,375
2016
$561
$3,000 + $9,375
$12,375
2014
$561
$3,000 + $9,850
$12,850
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
67 ft.
Lot depth
137 ft.
Lot size
0.26 Acres
Year renovated
—
Finished Sq. Ft.
1,398
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,398
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
079159 00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-8
Residential Single-Family-8 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-8 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-8 districts are generally located at least 1,000 to 1,500 ft from a CMU-1, CMU-2, CMU-3 or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
19% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
89
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5449 Millbranch St
$143,835
$6,165 under list price of $150K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $213K.